Senegal Culture and Economy

Senegal is a former French colony in West Africa. Its capital city is Dakar, popular in the region for its vibrant nightlife and entertainment scene. Senegal’s government is seen as politically stable, making it among the safest countries in the region. The political stability is due to its continued adherence to democracy and civilian rule where the government lets the people vote, standing in contrast to many other politically struggling neighbors. Senegal is known to have a relatively unrestricted interpretation of its constitution, providing protection through freedom of information and the press. A distinct feature of Senegal’s culture is the traditional belief in supernatural powers and magic by the people. Irrespective of their religion, the Senegalese people believe in diviners, herbalists, and witch doctors.  French is the national language of Senegal, but it’s spoken primarily by the educated while the majority of the population speak other native languages, such as Wolof, Mandinka, and Jola.

2021
April 4Independence Day
April 5Easter Monday
May 1Labour Day
May 13Ascension Day
May 13Korité
May 24Whit Monday
July 20Tabaski
August 15Assumption of Mary
August 19Tamkharit
September 26Grand Magal de Touba
October 19Maouloud
November 1All Saints’ Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 50%
  • VAT/GST/Sales Tax: 20%
  • Attijariwafa Bank (Commercial Bank)
  • Bank of Africa Sénégal (Commercial Bank)
  • International Commercial Bank (Commercial Bank)
  • Banque Atlantique Sénégal (Commercial Bank)
  • Banque Régionale de Solidarité (Commercial Bank)
  • Banque de l’Habitat du Sénégal (Commercial Bank)
  • Société Générale de Banques au Sénégal (SG-BS) (Commercial Bank)
  • Ecobank Sénégal (Commercial Bank)
  • Banque Sénégalo-Tunisienne (Commercial Bank)
  • Crédit Lyonnais Sénégal (Commercial Bank)
  • Caisse Nationale de Crédit Agricole du Sénégal (CNCAS) (Commercial Bank)
  • Citibank Sénégal (Commercial Bank)
  • Compagnie Bancaire de l’Afrique Occidentale (Commercial Bank)
  • Banque Islamique du Sénégal (Commercial Bank)
  • Banque des Institutions Mutualistes d’Afrique de l’Ouest (Commercial Bank)
  • Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSSIC) (Commercial Bank)
  • Banque Internationale pour le Commerce et l’Industrie du Sénégal (BICIS) (Commercial Bank)
  • United Bank for Africa (Commercial Bank)
  • Banque Régionale des Marchés (Commercial Bank)
  • Banque de Dakar (BDK) (Commercial Bank)

Aadmi can support you with your expansion to Senegal. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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